MBS accounted for $457 million<\/a> of Sands’ $1.39 billion in earnings before interest, taxes, depreciation and amortization (EBITDA) \u2013 or more than triple the amount the company’s two Las Vegas properties generated on a combined basis.<\/p>\nOther Measures<\/h2>\n
It’s not just Singapore’s casinos that are being pinched by the coronavirus. The government is enforcing a national shutdown and is banning all foreign visitors attempting to enter the country on short-term visas.<\/p>\n
As is the case in much of the US, all but essential businesses are closed in Singapore, children are being home schooled and restaurants are only offering delivery and takeaway services.<\/p>\n
Last month, Singaporean policymakers unveiled a $33.3 billion stimulus package to bolster the economy and it’s expected another round could be revealed this week.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Marina Bay Sands (MBS) and Resorts World Sentosa \u2013 Singapore’s two integrated resorts \u2013 will close starting April 7 through May 4, as the city-state bolsters its efforts to ward off the coronavirus. The Ministry of Health announced the measure, and the gaming areas at the venues will be closing today with other amenities, including […]<\/p>\n","protected":false},"author":46,"featured_media":132249,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069],"tags":[],"acf":[],"yoast_head":"\n
Singapore Casinos Are Closing Through May 4 Due to Coronavirus<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n